Exelon Corp., the largest U.S. nuclear power operator, posted a 32 percent drop in quarterly profit Thursday as weaker margins from its power plants weighed, but it topped Wall Street expectations and raised its full year earnings forecast. Get the full story »
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Exelon executive retires, management shifted
Exelon Corp. said Thursday that it has made several management changes, including the retirement of a key executive. Ian P. McLean, the 60-year old executive vice president of Exelon and CEO of Exelon Transmission Co., is retiring as of July 15. The company also said Darryl M. Bradford has been named senior vice president and general counsel for Exelon Corp. Bradford previously served in several leadership positions at Exelon subsidiary ComEd.
Exelon chair calls for cap-and-trade, carbon tax
From Reuters | Exelon Chairman John Rowe said a cap-and-trade or a carbon tax are the only energy reform policies that would lead to cleaner energy, greater security, job
creation and lowest cost. Rowe made the remarks at a conference at MIT, adding that he thought chances of cap-and-trade passing are now “slim.” Chicago-based Exelon, is the country’s largest generator of nuclear power.
Get the full story: reuters.com
